Rapid business growth is sometimes called the curse of getting what you wish for. After all, you want growth for your business but too much of it at once can actually cause your business to collapse under its own weight.
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The recent tornado storms in Moore, Oklahoma caused immense damage, destroying homes, properties, buildings, schools and businesses. For this tornado alone, experts estimate the economic cost could be beyond $2 billion when all is said and done. Some reports state that this storm is one of the most costly in history, in terms of both economic and human tolls.
Though it has been around for hundreds even thousands of years, invoice factoring is a new term to many in business. As is often the case, speculation and misgivings can occur when people don’t fully understand what something is. People may assume the worst. Because confusion can surround new concepts, we’ve taken the time to clarify some common misunderstandings about factoring receivables…
According to StaffingTalk.com The nation’s unemployment rate is improving though it remains stubbornly high in a number of sectors and parts of the country. One industry that has seen dramatic growth is temporary staffing because more companies are hiring short-term workers rather than full-time staff.
Applying for large to small business loans from an established banking institute is an intimidating enough endeavor in this formidable marketplace. And if you are a business owner with a personal bankruptcy or poor credit history, such an act may be unthinkable. Why waste your time, right?
Planning for and investing in your business’s long-term growth can pose a challenge because most decision makers tend to focus on what’s right in front of them. Technology investments can fall to the wayside. According to an article in Forbes.com, this is quite common for most businesses, after all, if your current systems are working “good enough” you may be tempted to focus on more pressing concerns.
The year 2012 will go down in the record books as a difficult year for many small to medium sized businesses. With a lot of economic uncertainty in the air, including the fiscal cliff, the government sequester, and still-high unemployment rate, many are glad to put the year in their rear-view and look toward a brighter 2013.
Tips To Help Your Business Better Manage Your Taxes For The Years To Come
Paying your annual dues to Uncle Sam is an inevitable, yearly endeavor, but it is possible to reduce how much you have to pay with tax write-offs. Hiring a reputable accountant can help with this daunting task.
More small to medium-sized businesses expected to seek account receivables factoring to help cover owed taxes.
Los Angeles, CA (PRWEB) April 17, 2013 –– Tax season is now upon us and with this somewhat sluggish economy, many businesses are struggling to meet their tax obligations. Whether you’ve filed an extension, plan on filing late or have worked out a compromise with the IRS, Business Factors LLC, a premier invoice factoring company, is bolstering its line of credit so that it can meet the expected demand for its factoring services.
Call it a bad situation getting much worse. Tax season came to a close yesterday and you just realized that your struggling business not only owes money to the IRS but that you are unable to pay. As a small business owner, you have many options available to you each with varying consequences.